Are Dynamic Credit Allocation Fund
ARDC
63 hedge funds and large institutions have $116M invested in Are Dynamic Credit Allocation Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
43% more capital inflows, than outflows
Capital inflows: $19.9M | Capital outflows: $13.9M
21% more funds holding
Funds holding: 52 → 63 (+11)
1.82% more ownership
Funds ownership: 34.71% → 36.53% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.22M |
| 2 |
Curi RMB Capital
Chicago,
Illinois
|
+$2.55M |
| 3 |
Saba Capital Management
New York
|
+$2.18M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$1.62M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.29M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
-$1.69M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.53M |
| 5 |
Nine Masts Capital
Central,
Hong Kong
|
-$1.52M |
ARDC Hedge Fund Activity: Q4 2018 in Review
63 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q4 2018, worth a combined $116M — down 6.5% from $124M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ARDC positions and 8 closed out — a net gain of 11 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.22M. The largest seller was Bessemer Group, exiting entirely with an estimated $2.9M sold.
- 63 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $116M of Are Dynamic Credit Allocation Fund stock for Q4 2018, down 6.5% quarter-over-quarter.
- 19 funds opened new Are Dynamic Credit Allocation Fund positions in Q4 2018 and 8 closed out, a net change of +11 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $3.22M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q4 2018 was Bessemer Group, an estimated $2.9M sold.
Based on aggregated 13F filings for Q4 2018.